Anthony Bwalya wrote…
THE TRUE ECONOMIC COST OF THE PF
8 years of economic mismanagement, failed policies and corruption mean that the people of Zambia will have lost a cumulative $77 billion in nominal GDP since 2012 versus IMF projections published in July 2011.
Zambia’s projected GDP at the end of 2020 was $46 billion compared to the now expected $20 billion economy.
FX Reserves at the end of the 2020 were projected to be $8.2 billion, compared to $1 billion now expected.
The PF has cost the people of Zambia a generation of economic growth.
